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Nexus1234

NZDJPY - Potential Head & Shoulders forming for a reversal

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Nexus1234  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns NZDJPY LONG
4
0
trendanalysis chartpattern nzdjpy long
Right shoulder is potentially forming which would signal a reversal and a signal to go long. Volume would need to pick up towards the end of the shoulder to help with signal. Stop just below right shoulder. First target the distance from the top of the head to the lowest trough.
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